A good practice - Demo Accounts or Small Investment

21 December 2019, 09:43
Mildred Manzanero
0
58
When trying strategies from new sources, some recommendations that we always like to give to people are:

- To use an small amount of money before really investing

or

- To use a demo account (preferred method), before investing real money

This will help you to evaluate the performance of the signal and your account, specially on factors like slippage or VPS.

Slippage or the lack of a good VPS are an important factors that could explain why the signal that you are following is having profits while yours is not.

If you don't know what is a VPS, please read the excellent article from https://www.mql5.com/en/vps/forex, called "Why do you need a VPS?"

Also, the link https://www.investopedia.com/terms/s/slippage.asp explains with a video quite well what is slippage.
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